For years China has been lending money hand over fist (with very little transparency or, it would appear, due diligence) to developing countries in the “global south”. The financing of so-called “belt …
Tagged By banking
China’s entrepreneurs, bankers more optimistic about macroeconomy: central bank
Chinese entrepreneurs and bankers expressed growing optimism over the country’s macroeconomy in the first quarter of this year, the latest central bank surveys showed Monday. The entrepreneurs’ …
China’s financial crackdown: Here are the most prominent bankers ensnared
At least 20 financial executives have been probed or penalised since late February. Read more at straitstimes.com.
China’s Neighbors Are Eyeing Up Yuan as Banking Worries Spread
The GOP is taking notes. Argument: China’s Neighbors Are Eyeing Up Yuan as Banking Worries Spread Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY…
China’s yuan makes Brazilian inroads, as ‘de-dollarisation reflects cracks’ in US currency settlements
Its overseas expansion is curtailed by the fact that it is less convertible than the US dollar or euro, and as China imposes strict capital controls to counter the shock of international financial …
Here Are the Most Prominent Bankers Ensnared in China Crackdown
The recent probe into the former chairman at China’s fourth-largest bank, an announcement of inspections of several state-owned enterprises and the disappearance of star banker Bao Fan all suggest …
China Renaissance suspends trading, delays results after founder’s disappearance
He is among the most senior financial executives targeted in a broader financial crackdown by President Xi Jinping. In January, Wang Bin, former party chief and chairman of China Life Insurance, was …
China Expands Finance Industry Probe to Include Former Bank of China Chairman
Officials from the finance watchdog China Banking and Insurance Regulatory Commission and the anti-corruption body Central Commission for Discipline Inspection called in top executives from at least …
The must-have accessory for global finance chief execs? A first class flight to Beijing
A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President …
Chinese lenders focus on risk management amid global banking crisis
China’s top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese banking officials said, in response to a global banking sector crisis …
US banking woes compound China’s need for US Treasury alternatives
With so much risk flooding the global financial sector, it makes sense for China to look for alternatives to investing in US Treasuries However, questions remain over how to diversify that risk and …
Troubled investment bank China Renaissance suspends share trading
Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results.”At the request …
Macron China visit, new Bank of Japan governor, ADB economic outlook
French President Emmanuel Macron and European Commission President Ursula von der Leyen will visit China, starting Wednesday. They will try to engage Beijing in efforts to end the war in Ukraine when …
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